Ferrellgas Partners, L.P. declared a cash distribution on its Class B Units of $82.32 per unit, totaling about $107.0 million, payable on or about March 13, 2026 to Class B unitholders of record as of March 6, 2026.
This payment causes the partnership to meet the “Class B Conversion Threshold,” allowing it to elect to convert all 1.3 million outstanding Class B Units into Class A Units. The board approved the partnership’s intent to elect this conversion after the distribution, with each Class B Unit to convert into five Class A Units, effective only upon written notice to holders. The filing also states that 100.0% of distributions to non-U.S. investors are treated as effectively connected income, subject to U.S. tax withholding at the highest rate plus an additional 10% withholding, with nominees acting as withholding agents.
Ferrellgas Partners, L.P. filed an update announcing that it will host an Internet teleconference to discuss results for its second fiscal quarter ended January 31, 2026. The webcast is scheduled for March 5, 2026, starting at 8:00 a.m. Central Time (9:00 a.m. Eastern Time).
Investors can access the event at the specified webcast link, and questions may be submitted in advance or during the event via the company’s investor relations email box at InvestorRelations@ferrellgas.com.
Ferrellgas Partners director Scott Ian Asner received 3,796 Phantom Units as a new equity-based award. The grant, dated January 26, 2026, is priced at $0 per unit and leaves him with 3,796 derivative securities beneficially owned on a direct basis.
Each Phantom Unit is economically equivalent to one Class A Unit and accrues dividend-equivalent rights. The units vest on October 9, 2026 and entitle the holder to a future cash payment based on the average closing price of a Class A Unit over 10 trading days preceding specified events, including Board service termination, a change of control, or October 9, 2028.
Ferrellgas Partners, L.P. director Scott Ian Asner filed an initial Form 3 disclosing his beneficial ownership status. As of the event date of 01/06/2026, he reports that he beneficially owns no securities of Ferrellgas Partners, L.P., as indicated by the statement “No securities are beneficially owned.” The filing is made by a single reporting person in his capacity as a director.
Ferrellgas Partners, L.P. and related entities report that on January 6, 2026, Scott I. Asner was appointed to the Board of Directors of Ferrellgas, Inc., the general partner of Ferrellgas Partners, L.P. and Ferrellgas, L.P., effective immediately.
Mr. Asner is a longtime investment manager and founding principal of Eighteen Capital Group, a real estate investment platform focused on multifamily properties. He previously practiced law for 20 years and holds an economics degree from the Wharton School and a law degree from Stanford Law School.
The filing notes that Mr. Asner’s appointment was not made under any arrangement with another person, and the Board has not yet decided on any committee assignments for him. There are no related-party transactions requiring disclosure in connection with his appointment. He will receive the customary compensation and indemnification provided to other directors, as described in the registrants’ most recent Annual Report on Form 10-K.
Ferrellgas Partners, L.P. filed a Form 8-K to announce that it has released a press release with its financial results for the first fiscal quarter ended October 31, 2025. The press release is furnished as Exhibit 99.1.
On December 12, 2025, Ferrellgas is also hosting an Internet teleconference to discuss these quarterly results, with a webcast beginning at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) at https://edge.media-server.com/mmc/p/r3s9oiox. Investors may submit questions via the company’s investor relations email address.
The information provided under Items 2.02 and 7.01 and Exhibit 99.1 is being furnished, not filed, and is not automatically incorporated by reference into other Securities Act or Exchange Act filings unless specifically identified.
Ferrellgas, L.P. and Ferrellgas Finance Corp. issued and sold $650,000,000 of 9.250% Senior Notes due 2031 at 100% of principal in a Rule 144A/Reg S offering. Net proceeds were approximately $637.5 million, which, together with cash on hand, were used to redeem all $650.0 million of their 5.375% Senior Notes due 2026. The new notes mature on January 15, 2031, with interest payable semi-annually on January 15 and July 15, commencing July 15, 2026.
The notes are senior unsecured obligations, guaranteed by Ferrellgas, Inc. and certain subsidiaries. Before January 15, 2028, they are redeemable at par plus a make‑whole; up to 40% may be redeemed at 109.250% with certain equity proceeds. Call prices are 104.625% in 2028, 102.313% in 2029, and 100% thereafter. Holders have a 101% put upon certain changes of control and a 100% asset‑sale offer. Separately, the company amended its asset‑based credit facility, extending maturity to October 2028, increasing availability to $350 million with a $50 million accordion and a $300.0 million letter‑of‑credit sublimit, and revising margins and covenants.
Ferrellgas, L.P. and Ferrellgas Finance Corp. priced $650.0 million aggregate principal amount of 9.250% senior notes due 2031 at an offering price equal to 100% of principal. The offering is expected to be completed on or about October 27, 2025, subject to customary closing conditions.
The notes have not been registered under the Securities Act and may only be offered or sold pursuant to an applicable exemption. The announcement clarifies that it does not constitute an offer to sell or a solicitation to buy the securities.
Ferrellgas Partners, L.P. and affiliated registrants furnished an investor presentation under Regulation FD. The materials are attached as Exhibit 99.1 to a Form 8‑K and incorporated by reference into Item 7.01. The information is deemed “furnished” and not “filed” under the Exchange Act.
No financial results or transactions were announced; this update makes the investor presentation publicly available to all stakeholders at the same time.
Ferrellgas Partners (FGPR) announced that subsidiaries Ferrellgas, L.P. and Ferrellgas Finance Corp. intend to privately offer $650.0 million aggregate principal amount of senior notes due 2031, subject to market conditions. The securities will be offered to eligible purchasers and are not registered under the Securities Act.
The Issuers also delivered a conditional notice of redemption to redeem all outstanding 5.375% Senior Notes due 2026 on October 27, 2025 at 100.00% of principal plus accrued interest. The redemption is conditioned on amending the revolving credit facility and the offering raising proceeds sufficient to fund the redemption on terms satisfactory to the Issuers.